Cryptocurrency Q&A
What happened to FTX exchange?
What happened to FTX exchange?
amelia_jackson_environmentalist
Fri Dec 13 2024
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5
answers
1074
I heard some news about FTX exchange recently and I'm wondering what exactly happened to it. There were some rumors about its financial situation and I'm curious to know if they are true. Can someone provide me with a brief overview of what went wrong with FTX?
5 answers
MountFujiMysticalView
Sun Dec 15 2024
FTX Exchange operated two distinct trading entities.
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amelia_harrison_architect
Sun Dec 15 2024
One was FTX, an international platform headquartered in the Bahamas.
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IncheonBeauty
Sun Dec 15 2024
The other was FTX US, a separate affiliate specifically for U.S. residents.
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GyeongjuGlory
Sat Dec 14 2024
FTX US allowed only American citizens to engage in trading activities.
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CryptoNinja
Sat Dec 14 2024
In early November 2022, FTX and its affiliated companies, including FTX US, began to unravel.
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